Pakistan’s Real Effective Exchange Rate (REER) decreased by 1.4 percent to 98.8 in November 2022. According to the latest monthly… Read More
Rupee Drops Further Against US Dollar 2nd Day in a Row
The Pakistani Rupee (PKR) was all red against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
Descon Oxychem Plans to Expand Its Wings to UAE
The board of directors of Descon Oxychem Limited (DOL) has given a green signal to the company’s management for the… Read More
PSX to Delist Ados Pakistan Ltd Next Month
Ados Pakistan Limited (PSX: ADOS), a leading manufacturer of critical oilfield equipment, will be delisted from the Pakistan Stock Exchange… Read More
Pakistan’s Stock Market Performance to Remain Dull in 2023 Due to Debt Repayment Crisis
Pakistan’s market performance in 2023 will continue to remain dull mainly due to Pakistan’s external debt repayment crisis and increased… Read More
Globe Residency REIT Raises Rs. 388 Million
Pakistan’s first Development Real Estate Investment Trust Globe Residency REIT (GRR) garnered an overwhelming response in its public offering. Javedan… Read More
US Dollar Rises Above 225 Against PKR As Uncertainty Rattles Market
The Pakistani Rupee (PKR) was bearish against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Jazz’s Parent Company Accepts Offer for Sale of 10,500 Telecom Towers to TPL-TASC Group
Veon, the parent company of Jazz, has conditionally accepted the offer of TPL REIT Management Company Limited in partnership with… Read More
PSX Loses Over 1,100 Points As Political Uncertainty Unnerves Investors [Updated]
Bears ran riot at Pakistan Stock Exchange (PSX) as equities witnessed a panic-struck selling spree during the early hours of… Read More
PM Orders to Increase Tax Collection Target by 22% Within 6 Months
Prime Minister Shehbaz Sharif has ordered the Federal Board of Revenue (FBR) to collect Rs. 7.6 trillion in taxes by… Read More
China Agrees to Give $1.6 Billion to Pakistan for Karakoram Highway
Pakistan has approached China for the provision $1.6 billion soft loan for the realignment of the Karakorum Highway from Thakot… Read More
Dar Assures Full Support to Egyptian Investments
Finance Minister Ishaq Dar Monday committed full support and facilitation to Egyptian investments in Pakistan. Eighteen CEO Tarek Hamdy called… Read More
